Rare Ferrari 250 GTO for Auction

If you’re in the market for an extremely rare classic Ferrari, this might be the right time to take out your check book, as a Ferrari 250 GTO will be up for auction at RM Auctions. Only 36 examples were ever produced between 1962 and 1963. Each of them is still in existence and can easily be sold for an eight figure price tag.

The auction is very important because it is public. Usually, when 250 GTOs change hands, the transactions are made behind closed doors and never disclosed to the public. Rumors say that a few years ago a 250 GTO was sold for $30 million, but no one has completely confirmed the information. The car up for auction now has chassis no. 4675 GT and has been raced in the full range of competitive events, including hillclimbs, endurance races and rallies.

According to RM Auctions “the present owner acquired 4675 GT in 1996, and has maintained it in his exceptional, world-renowned Japanese collection ever since. Most recently 4675 GT has participated in the ultra-private events reserved only for GTO owners, namely the 35th and 45th GTO Anniversary Tours in France and California. ”

“The Ferrari GTO is unquestionably one of the most iconic and coveted cars in the world," says Max Girardo, Managing Director of RM Europe. "This is truly a rare occasion for collectors to acquire such an important piece of automotive history and we are pleased to be chosen by 4675 GT's current custodian to represent it on the open market."